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Economy Poised for First-Quarter Growth, Bernanke Says

New Federal Reserve Chairman Ben Bernanke told Congress Thursday that the U.S. economy will show a “significant” recovery following the slowest fourth quarter in three years, Bloomberg reported.

February 16, 2006

Mullen Group to Merge With Oilfield Services Firm

Mullen Group Income Fund said Wednesday that its board approved a merger with Producers Oilfield Services.

February 15, 2006

Letter to the Editor: Electronic Onboard Recorders

Click here to write a Letter to the Editor. s the owner of a very small expedited trucking company, I am very concerned about the Federal Motor Carrier Safety Administration possibly requiring electronic onboard recorders.

February 15, 2006

Deutsche Post’s Income Rises in Preliminary Report

Deutsche Post AG’s fourth-quarter profit rose 27%, after the European postal giant reduced expenses with lower health-care and tax costs, Bloomberg reported Wednesday.

February 15, 2006

Industrial Production Falls in January; Manufacturing Gains

Industrial production fell in January following three months of increases, the Federal Reserve said Wednesday.

February 15, 2006

New York State Manufacturing Index Rises

The pace of manufacturing growth in New York state rose in February from a month earlier, the Federal Reserve Bank of New York said Wednesday.

February 15, 2006

December Air Cargo Shipments Gain, Led by International

Overall air cargo shipments rose 1.3% in December from a year earlier, but domestic shipments dipped, the Air Transport Association reported Tuesday.

February 15, 2006

Judge Freezes Toll Rate Hikes on W. Va. Turnpike

A West Virginia judge has temporarily blocked the toll rate hikes on the West Virginia Turnpike approved in December by the agency that oversees the 88-mile toll road, the Associated Press reported.

February 15, 2006

Ontario’s Plan for Engine Governors Bad for U.S., Execs Say

If Ontario, Canada, were to adopt a policy to require drivers of heavy-duty trucks that operate in the province to use engine governors to limit speeds, it would create an economic disadvantage for U.S. carriers involved in cross-border trucking, industry officials said.

February 15, 2006

Highway Tolls Could Expand Under Bush Budget Proposal

WASHINGTON — The Bush administration’s budget for the next fiscal year includes a new proposal to expand the use of tolls on existing highways because, officials said, fuel taxes will not raise enough money for transportation improvements.

February 15, 2006